Daily CA MCQs – May 27, 2026
1. The 26th meeting of the Central Zonal Council was chaired by:
A) Narendra Modi
B) Rajnath Singh
C) Amit Shah
D) J.P. Nadda
Answer: C) Amit Shah
Explanation:
Union Home Minister Amit Shah chaired the meeting in Bastar to discuss security, regional cooperation, and development-related matters.
2. Marco Rubio held discussions with which Indian leader ahead of the Quad Foreign Ministers Meeting?
A) Rajnath Singh
B) S. Jaishankar
C) Nirmala Sitharaman
D) Dharmendra Pradhan
Answer: B) S. Jaishankar
Explanation:
US Secretary of State Marco Rubio met External Affairs Minister S. Jaishankar during his India visit.
3. The BHAVYA Scheme aims to develop how many world-class industrial parks in India?
A) 50
B) 75
C) 100
D) 150
Answer: C) 100
Explanation:
The Bharat Audyogik Vikas Yojna (BHAVYA) aims to strengthen industrial infrastructure through 100 world-class industrial parks.
4. Who received the 2025 United Nations Military Gender Advocate of the Year Award?
A) Avani Chaturvedi
B) Abhilasha Barak
C) Punita Arora
D) Priya Jhingan
Answer: B) Abhilasha Barak
Explanation:
Abhilasha Barak received the award for her contribution as Commander of the Female Engagement Team in Lebanon.
5. The Sansad Ratna Awards are associated with recognizing:
A) Scientific achievements
B) Sports excellence
C) Outstanding parliamentary performance
D) Business leadership
Answer: C) Outstanding parliamentary performance
Explanation:
The awards honour Members of Parliament and Parliamentary Committees for exceptional performance.
6. “Bharat Digital Samvad” was launched by:
A) NASSCOM
B) Ministry of Electronics and Information Technology
C) Bharath Digital Infrastructure Association
D) Digital India Corporation
Answer: C) Bharath Digital Infrastructure Association
Explanation:
The initiative aims to promote discussion and collaboration in digital infrastructure development.
7. The renewable energy platform “North Star” was launched with an investment of:
A) USD 100 million
B) USD 200 million
C) USD 300 million
D) USD 500 million
Answer: C) USD 300 million
Explanation:
British International Investment and Copenhagen Infrastructure Partners jointly launched the platform.
8. The Department of Posts signed a last-mile delivery agreement with:
A) Amazon India
B) Myntra
C) Flipkart
D) Reliance Retail
Answer: C) Flipkart
Explanation:
The agreement aims to strengthen parcel delivery services using India Post’s network.
9. Lionel Messi became only the second footballer after ______ to enter the billionaire club.
A) Neymar Jr.
B) David Beckham
C) Cristiano Ronaldo
D) Kylian Mbappé
Answer: C) Cristiano Ronaldo
Explanation:
Messi crossed a net worth of USD 1 billion, joining Cristiano Ronaldo in the billionaire category.
10. Which bank will become the first European bank to enable UPI-based cross-border remittances to India?
A) Deutsche Bank
B) Eurobank
C) Barclays
D) HSBC
Answer: B) Eurobank
Explanation:
Eurobank will facilitate UPI-linked remittance services from Greece and Cyprus to India.
11. RBI imposed a penalty of ₹3.10 lakh on:
A) Bajaj Finance
B) Mintifi Finserve
C) Paytm Payments Bank
D) Muthoot Finance
Answer: B) Mintifi Finserve
Explanation:
The penalty was imposed due to non-compliance with regulatory guidelines.
12. Skydo received approval to function as a Payment Service Provider at:
A) Mumbai Fintech Hub
B) Bengaluru Tech Park
C) IFSC at GIFT City
D) Hyderabad Fintech Valley
Answer: C) IFSC at GIFT City
Explanation:
Skydo received in-principle approval to operate at the International Financial Services Centre in GIFT City.
13. India’s outward remittances under the Liberalised Remittance Scheme declined by:
A) 1%
B) 2%
C) 5%
D) 7%
Answer: B) 2%
Explanation:
The decline was mainly attributed to global uncertainty and geopolitical tensions.
14. PFRDA introduced new Retirement Income Schemes under:
A) Atal Pension Yojana
B) PM-SYM
C) National Pension System
D) Employees’ Pension Scheme
Answer: C) National Pension System
Explanation:
The new schemes and drawdown options were introduced to improve retirement planning flexibility.
15. RBI approved the reappointment of Sandeep Bakhshi as MD and CEO of:
A) HDFC Bank
B) Axis Bank
C) ICICI Bank
D) Kotak Mahindra Bank
Answer: C) ICICI Bank
Explanation:
Sandeep Bakhshi’s tenure was extended as the head of ICICI Bank.
16. The Indian Navy announced plans to acquire how many new warships?
A) 25
B) 35
C) 45
D) 50
Answer: C) 45
Explanation:
The acquisition aims to strengthen India’s maritime capabilities and operational readiness.
17. The PM-AJAY Portal and PM-AJAY Mobile App were launched by:
A) Ministry of Rural Development
B) Ministry of Social Justice and Empowerment
C) Ministry of Education
D) Ministry of Labour and Employment
Answer: B) Ministry of Social Justice